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HSBC private banking sees double-digit asset, revenue growth on Asia boost

People walk past a HSBC signage in Singapore
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HONG KONG (Reuters) - The private banking business of HSBC Holdings PLC is aggressively pursuing double-digit growth in client assets and revenue, riffing off a surge in Asian wealth, the unit's chief executive told Reuters.Antonio Simoes also said the London-headquartered bank aims to increase its onshore presence in China, home to an eighth of all billionaires' wealth worldwide and where it is..
Date Published: Nov 27, 2019
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